WT FTSE MIB 3X DLY LEVERAGED (3ITL.MI) Stock Technical Analysis
BIT:3ITL - Euronext Milan - IE00B8NB3063 - ETF - Currency: EUR
We assign a technical rating of 10 out of 10 to 3ITL. Both in the recent history as in the last year, 3ITL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: 3ITL has an average volume of 149 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, 3ITL did better than 95% of all other stocks.
3ITL is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month 3ITL has a been trading in the 212.87 - 256.30 range, which is quite wide. It is currently trading near the high of this range.
Although 3ITL has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
150.59
248.36
When analyzing the support we can see 6 important areas.
- Support @233.87 from a trend line in the daily time frame.
- Support @228.83 from a horizontal line in the daily time frame.
- Support @177.69 from a trend line in the daily time frame.
- Support @170.55 from a trend line in the weekly time frame.
- Support @160.46 from a horizontal line in the daily time frame.
- Support @152.11 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.88
Mansfield3.14
10 Day High256.3
10 Day Low227.03
20 Day High256.3
20 Day Low212.87
52 Week High256.3
52 Week Low125.74
Performance
1 Week0.24%
2 Weeks1.19%
1 Month18.12%
3 Month50.97%
6 Month37.58%
12 Month61.7%
2 Year172.92%
3 Year222.49%
5 Year733.14%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-1.43
RSI(14)59.08
LBB230.72
UBB257.41
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 256.31 | 233.86 | 22.45 (8.76%) | 11.42% |
| An entry @256.31. This is a Buy Stop order right above the 10 day high. | An exit @233.86. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 22.45 points, which is 8.76%. | For a 1.00% total portfolio risk, you can invest 11.42% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:3ITL (3/7/2025, 5:06:56 PM)
245.9
-0.35 (-0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.14%
1 Week0.24%
2 Weeks1.19%
1 Month18.12%
3 Month50.97%
6 Month37.58%
12 Month61.7%
2 Year172.92%
3 Year222.49%
5 Year733.14%
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.1
ATR(20)%2.98%
ATR Inc-58.71%
Range Today2.96
ADR(20)3.16
ADR(20)%1.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.88
Mansfield3.14
10 Day High256.3
10 Day Low227.03
20 Day High256.3
20 Day Low212.87
52 Week High256.3
52 Week Low125.74
CS1 End233.87
CR1 StartN/A
Volume & EV
DER(3)19.26%
DER(5)2.8%
Volume24
Volume Incr66.26%
Vol(5)130.6
Vol(50)149.4